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20121227
20121227
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? >> depends where you are, obviously, but it is going up. i see the major cities, san francisco, los angeles, philadelphia, new york, rentals are getting much more expensive so you'll see people getting two bedrooms and sharing it with somebody instead of getting a one bedroom by themselves, that's a difference and still have the people living at home but the first-time buyers are still having problems. still tough to get a mortgage, and it's going to stay that way. >> and we might also lose the deduction. what are clients saying to you guys about the potential loss or cut of the mortgage interest deduction. >> that would be stupid. >> i'm sorry, go ahead. >> hasiam? >> yeah, that seems to be very unlikely given the broad nature of that tax credit for the u.s. population. but i think to your point about the rental market, what's interesting about this recovery is that you have lifestyle choices being made. people wanting to rent, wanting to be near work and urban areas versus what we've seen in the past and that reduces the speculative buying on the foresale side of the equation which i thin
francisco southward into l.a. san diego, some rain layer early, giving way to sunshine into the afternoon. back to you guys. >> okay. thank you, reynolds. appreciate that very much. let's get back to our guest host john kanas. talk about banking. a lot of regulations that are supposed to go into effect that kind of haven't yet. what's the biggest that you think is going to have the biggest impact 2013? >> a number of things. the cfpb is yet to come out with the definitions of qualifying mortgages. which is -- >> consumer protection? >> consumer protection. it measures the ability to pay for mortgagees. that has the -- that has the potential to become a serious impediment in the mortgage -- >> when will that happen? >> we're not sure. it's all part of the dodd-frank. it should have happened. >> there's something like 200-plus regulations that are still not on the books yet. >> something like 200 more, 240 regulations that are not yet -- >> derivatives, still? >> yes. >> and when do you think that's going to happen? >> nobody's really sure. >> and what is it going to look like and what's th
Search Results 0 to 1 of about 2

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